Filing Details

Accession Number:
0001213900-20-029334
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-09-30 18:58:35
Reporting Period:
2020-05-18
Accepted Time:
2020-09-30 18:58:35
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1643953 Purple Innovation Inc. PRPL Household Furniture (2510) 474078206
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1772838 Iii Ray Verdi White C/O Purple Innovation, Inc.,
4100 N. Chapel Ridge Rd., Suite 200
Lehi UT 84043
Chief Retail Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2020-08-24 17,000 $6.65 17,000 No 4 M Direct
Class A Common Stock Disposition 2020-08-24 17,000 $20.85 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Employee Stock Option (right to buy) Acquisiton 2020-05-18 12,576 $0.00 12,576 $13.12
Class A Common Stock Employee Stock Option (right to buy) Disposition 2020-08-21 17,000 $0.00 17,000 $6.65
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
12,576 2025-05-18 No 4 A Direct
183,000 2024-05-10 No 4 M Direct
Footnotes
  1. 25% of the options granted vest and become exercisable on March 15, 2021. The remaining 75% of the options will vest and become exercisable in monthly installments on the first day of each calendar month beginning on April 1, 2021 in the amount of one-forty-eighth of the full amount for the remaining three years.
  2. 25% of the options granted vested and became exercisable on May 10, 2020. The remaining 75% of the options vest and become exercisable in monthly installments on the first day of each calendar month beginning on June 1, 2020 in the amount of one-forty-eighth of the full amount for the remaining three years.